Cash Flow Flashcards
1
Q
What is outflow?
A
It is the money which goes out of the business (costs) e.g materials, electricity costs.
2
Q
What is inflow?
A
It is the money going into the business (sales)
3
Q
What is fixed cost?
A
Costs that does not change e.g rent
4
Q
What is variable cost?
A
Costs which change e.g materials
5
Q
What is cash flow?
A
The total amount of money being transferred into and out of the business.
